Group 1 - The company JunDa Co., Ltd. plans to invest 30 million yuan in Shanghai Xingyi Chip Energy Technology Co., Ltd. to acquire a 16.6667% stake by subscribing to the new registered capital of 46153.9 yuan [1] - The partnership aims to establish a joint venture for the production of CPI membranes and products combining CPI membranes with crystalline silicon batteries [1] - This collaboration is intended to seize opportunities in the global low-orbit satellite networking and space computing power industries, leveraging both companies' strengths in photovoltaic industrialization, perovskite technology, space scenario adaptation, and aerospace resource integration [1]

Group 1 - The company, Junda Co., Ltd. (002865.SZ), announced a cash investment of 30 million yuan to acquire 16.6667% equity in Shanghai Xingyi Chip Energy Technology Co., Ltd. through a capital increase of 46153.9 yuan [1] - The partnership aims to establish a joint venture for the production of CPI membranes and products combining CPI membranes with crystalline silicon batteries, leveraging both parties' strengths in the photovoltaic industry and space-related technologies [1] - This collaboration is positioned to capitalize on the global opportunities in low-orbit satellite networking and space computing industries, promoting mutual benefits and resource integration [1]

证券代码：002865 证券简称：钧达股份 公告编号：2026-004 海南钧达新能源科技股份有限公司 关于对外投资参股上海星翼芯能科技有限公司的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、对外投资概述 1、海南钧达新能源科技股份有限公司（以下简称"钧达股份"或"公司"） 于 2026 年 1 月 13 日与上海星翼芯能科技有限公司（以下简称"星翼芯能"或"目 标公司"）及其创始团队、原股东等相关方签署了《增资协议》及《股东协议》， 约定公司拟以现金出资人民币 3,000 万元，认购目标公司新增注册资本人民币 46.1539 万元，获得目标公司 16.6667%的股权。星翼芯能系由杭州尚翼光电科技有 限公司（以下简称"尚翼光电"或"原业务主体"）团队创始人及创始股东新设 的项目公司，用于承接尚翼光电的全部资产、人员及业务，并且后续尚翼光电将 调整为目标公司的全资子公司。 2、该事项已经公司总经理办公会审议通过，履行了必要的审议程序，无需提 交董事会及股东会审议，尚需办理工商注册登记等相关手续。 3、本次交易事项不构成关联交易，也不构成《上市公司重 ...

Group 1 - The core point of the news is that JunDa Co., Ltd. has seen a significant stock price increase of 51.97% over the past six days, with a current price of 84.88 CNY per share and a market capitalization of 24.835 billion CNY [1] - JunDa Co., Ltd. specializes in the research, production, and sales of photovoltaic cells, with its main products including N-type TOPCon monocrystalline cells and PERC monocrystalline cells, primarily used in solar power generation [1] - The company's revenue composition is heavily reliant on photovoltaic cell sales, accounting for 99.79% of total revenue, with other sources contributing only 0.21% [1] Group 2 - Among the top shareholders of JunDa Co., Ltd., Huatai Bairui Fund holds a position, while the photovoltaic ETF (515790) reduced its holdings by 7.09 thousand shares in the third quarter, now holding 181.84 thousand shares, which is 0.63% of the circulating shares [2] - The photovoltaic ETF (515790) has achieved a year-to-date return of 7.18% and a one-year return of 46.99%, ranking 1656 out of 5520 and 1747 out of 4203 respectively [2] Group 3 - The fund managers of the photovoltaic ETF (515790) are Li Qian and Li Mu Yang, with total fund assets of 424.27 billion CNY and 297.68 billion CNY respectively [3] - Li Qian has a tenure of 6 years and 73 days, with the best fund return during this period being 105.19% and the worst being -18.35% [3] - Li Mu Yang has a tenure of 5 years and 10 days, with the best fund return being 181.37% and the worst being -37.92% [3]

Strong Stocks - As of January 13, the Shanghai Composite Index fell by 0.64% to 4138.76 points, the Shenzhen Component Index decreased by 1.37% to 14169.4 points, and the ChiNext Index dropped by 1.96% to 3321.89 points [1] - A total of 75 stocks in the A-share market hit the daily limit, with the top three strong stocks being: Luxin Venture Capital (600783), Hangxiao Steel Structure (600477), and Julong Cable (002342) [1] - Detailed data for the top 10 strong stocks includes: - Luxin Venture Capital (600783): 13 days with 11 limit-ups, turnover rate of 20.18%, and closing price of 54.9 - Hangxiao Steel Structure (600477): 4 consecutive limit-ups, turnover rate of 15.79%, and closing price of 16.3 - Julong Cable (002342): 4 consecutive limit-ups, turnover rate of 39.34%, and closing price of 48.2 [1] Strong Concept Sectors - The top three concept sectors with the highest gains in the A-share market are: AI Applications, CRO Concept, and Cell Immunotherapy [2] - Detailed data for the top 10 concept sectors includes: - AI Applications: increased by 10.3% - CRO Concept: increased by 3.56% - Cell Immunotherapy: increased by 2.92% [3]

Core Viewpoint - The company JunDa Co., Ltd. (002865) announced a share reduction plan by its controlling shareholder, Jindi Technology, which will not significantly impact the company's governance structure or control [1][2]. Group 1: Share Reduction Announcement - Jindi Technology, holding 46,517,062 shares (15.90% of total shares), plans to reduce its holdings by up to 3% of the total shares excluding repurchased shares, equating to 8,725,435 shares over three months [1]. - The reduction will occur through centralized bidding or block trading, with a maximum of 2,908,478 shares (1%) via centralized bidding and 5,816,957 shares (2%) via block trading [1]. Group 2: Financial Implications - Based on the closing price of 72.81 CNY on January 12, the estimated cash amount from the share reduction is approximately 635 million CNY [2]. - The company stated that this share reduction will not lead to a change in control or significantly affect its future operations [2]. Group 3: Historical Financial Data - JunDa Co., Ltd. was listed on the Shenzhen Stock Exchange on April 25, 2017, raising a total of 271.5 million CNY from an initial public offering (IPO) [3]. - The company issued convertible bonds in December 2018, raising a total of 320 million CNY, with a net amount of 306.71 million CNY after expenses [3][4]. - In June 2023, the company raised approximately 2.776 billion CNY through a private placement of shares, with a net amount of approximately 2.738 billion CNY after deducting issuance costs [5].

Core Viewpoint - The data indicates significant capital inflows into various stocks, highlighting investor interest in specific sectors such as power equipment, communication devices, and gaming [1][2][3] Group 1: Stock Performance and Capital Inflows - TBEA (特变电工) saw a capital inflow of 1.846 billion, with a price increase of 10.01% [2] - Haige Communication (海格通信) experienced a capital inflow of 1.661 billion, with a price increase of 10% [2] - ZQ Game (掌趣科技) had a capital inflow of 0.791 billion, with a notable price increase of 14.91% [2] - Yonyou Network (用友网络) attracted 0.768 billion in capital, with a price increase of 7.87% [2] - Shanghai Construction (上海建工) received 0.603 billion, with a price increase of 10.14% [2] Group 2: Sector Analysis - The power equipment sector, represented by TBEA, shows strong investor confidence with significant capital inflows [2] - The communication device sector, including Haige Communication and Lian Te Technology (联特科技), also reflects positive investor sentiment [2][3] - The gaming industry, represented by ZQ Game and Century Huaman (世纪华通), demonstrates robust growth potential with substantial capital inflows [2][3] - The education sector, represented by Zhonggong Education (中公教育), shows a healthy capital inflow of 0.508 billion, indicating investor interest [2] - The energy metal sector, represented by Ganfeng Lithium (赣锋锂业) and Tianqi Lithium (天齐锂业), continues to attract investment, reflecting ongoing demand in the market [2][3]

Core Viewpoint - The recent announcement by China's Ministry of Finance and State Taxation Administration regarding the adjustment of export tax rebate policies for photovoltaic products is expected to impact the industry significantly, particularly in the battery sector, leading to short-term export surges and long-term structural changes in the market [1]. Group 1: Policy Changes - The export VAT rebate rate for battery products will be reduced from 9% to 6% starting April 1, 2026, and will be completely eliminated from January 1, 2027 [1]. - This policy change is anticipated to create a rush in battery exports in 2026, intensifying supply-demand tensions in lithium mining and lithium hexafluorophosphate sectors [1]. Group 2: Market Impact - The adjustment is expected to lead to the elimination of outdated domestic production capacities in the long run, optimizing the battery industry landscape [1]. - Companies with overseas production capabilities are likely to benefit from these changes, as the market dynamics shift [1]. Group 3: ETF Performance - The Huaxia Photovoltaic ETF (515370) experienced a decline of 1.83%, while its constituent stocks, such as Junda Co., saw gains exceeding 8% [1]. - The ETF tracks the CSI Photovoltaic Industry Index, which includes a comprehensive range of companies across the photovoltaic supply chain, reflecting an 83.64% photovoltaic content, ranking first in the market [1].

作为光伏电池龙头企业，钧达股份近年来率先实现N型TOPCon电池大规模量产，但受光伏行业市场环 境影响，其于2025年前三季度亏损4.19亿元。 【钧达股份控股股东拟减持不超3%股份 曾布局"太空光伏"股价飙升】1月12日，钧达股份 （002865.SZ、2865.HK）发布公告称，控股股东海南锦迪科技投资有限公司（以下简称"锦迪科技"）计 划在公告披露之日起15个交易日后的3个月内，通过集中竞价或大宗交易方式减持不超过钧达股份剔除 回购专用账户股份后总股本的3%，即8725435股。 若以当日收盘价72.81元/股估算，锦迪科技本次减持将套现约6.35亿元。 公告显示，锦迪科技持有钧达股份46517062股，占总股本的15.9%。本次减持股份来源于钧达股份首次 公开发行前取得的股份以及利润分配所送红股。 钧达股份方面表示，控股股东减持是出于自身资金安排，不会对公司治理结构、股权结构及未来持续性 经营产生重大影响，也不会导致钧达股份控制权发生变更。 值得一提的是，钧达股份近日宣布已与尚翼光电达成战略合作，拟投资布局钙钛矿电池技术在太空能源 领域的应用，切入"太空光伏"赛道。在此期间，其股价飙升，录得多个涨停板 ...

Core Viewpoint - The controlling shareholder of Hainan Junda New Energy Technology Co., Ltd., Jindi Technology, plans to reduce its shareholding by up to 3% of the total share capital, amounting to 8,725,435 shares, due to personal funding needs [1][3]. Group 1: Shareholder Information - Jindi Technology holds 46,517,062 shares, representing 15.90% of the company's total share capital and 15.99% of the total share capital excluding repurchased shares [2]. Group 2: Details of the Reduction Plan - The reduction will occur through centralized bidding or block trading, with a maximum of 2,908,478 shares (1% of total share capital excluding repurchased shares) through centralized bidding and 5,816,957 shares (2% of total share capital excluding repurchased shares) through block trading [3]. - The reduction period is set for three months starting 15 trading days after the announcement [3]. - The selling price will be determined based on market conditions at the time of the sale [3]. - Jindi Technology has committed to adhering to previous commitments regarding shareholding intentions and does not have any inconsistencies with previously disclosed information [3].